Research Analysts Set Expectations for ASO Q3 Earnings

Academy Sports and Outdoors, Inc. (NASDAQ:ASO - Free Report) - Investment analysts at Telsey Advisory Group lowered their Q3 2026 EPS estimates for Academy Sports and Outdoors in a note issued to investors on Wednesday, June 11th. Telsey Advisory Group analyst C. Fernandez now expects that the company will earn $0.98 per share for the quarter, down from their prior forecast of $1.04. Telsey Advisory Group currently has a "Outperform" rating and a $58.00 target price on the stock. The consensus estimate for Academy Sports and Outdoors' current full-year earnings is $5.59 per share. Telsey Advisory Group also issued estimates for Academy Sports and Outdoors' Q4 2026 earnings at $1.79 EPS, Q1 2027 earnings at $0.78 EPS and FY2027 earnings at $6.14 EPS.

ASO has been the topic of a number of other reports. Truist Financial boosted their price target on shares of Academy Sports and Outdoors from $45.00 to $47.00 and gave the company a "hold" rating in a research note on Wednesday, June 11th. B. Riley decreased their price target on Academy Sports and Outdoors from $70.00 to $65.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Morgan Stanley lowered their price target on Academy Sports and Outdoors from $55.00 to $52.00 and set an "equal weight" rating for the company in a research report on Wednesday, June 11th. UBS Group cut their price objective on Academy Sports and Outdoors from $54.00 to $48.00 and set a "neutral" rating on the stock in a report on Wednesday, June 4th. Finally, Bank of America lowered their target price on Academy Sports and Outdoors from $60.00 to $55.00 and set a "neutral" rating for the company in a report on Wednesday, June 11th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Academy Sports and Outdoors has an average rating of "Moderate Buy" and a consensus target price of $56.31.

Academy Sports and Outdoors Trading Down 1.7%

ASO traded down $0.78 on Monday, hitting $44.12. The company had a trading volume of 1,179,389 shares, compared to its average volume of 1,645,039. The company's fifty day moving average price is $41.07 and its 200 day moving average price is $47.69. Academy Sports and Outdoors has a 1 year low of $33.34 and a 1 year high of $64.62. The company has a current ratio of 1.52, a quick ratio of 0.29 and a debt-to-equity ratio of 0.25. The firm has a market cap of $2.93 billion, a P/E ratio of 8.11, a PEG ratio of 0.83 and a beta of 1.28.

Academy Sports and Outdoors (NASDAQ:ASO - Get Free Report) last posted its earnings results on Tuesday, June 10th. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.13). Academy Sports and Outdoors had a net margin of 6.55% and a return on equity of 19.62%. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the previous year, the firm earned $1.08 earnings per share. The business's revenue for the quarter was down .9% compared to the same quarter last year.

Academy Sports and Outdoors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Thursday, June 19th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.18%. Academy Sports and Outdoors's payout ratio is currently 9.56%.

Institutional Trading of Academy Sports and Outdoors

Hedge funds and other institutional investors have recently bought and sold shares of the business. Fund 1 Investments LLC acquired a new stake in shares of Academy Sports and Outdoors during the 4th quarter worth about $4,929,000. Bank of New York Mellon Corp grew its position in shares of Academy Sports and Outdoors by 14.6% in the 4th quarter. Bank of New York Mellon Corp now owns 712,226 shares of the company's stock valued at $40,974,000 after buying an additional 90,592 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in Academy Sports and Outdoors during the 4th quarter worth $1,969,000. Wells Fargo & Company MN raised its stake in Academy Sports and Outdoors by 11.4% during the 4th quarter. Wells Fargo & Company MN now owns 216,686 shares of the company's stock worth $12,466,000 after acquiring an additional 22,146 shares in the last quarter. Finally, Pacifica Capital Investments LLC boosted its stake in Academy Sports and Outdoors by 7.9% in the fourth quarter. Pacifica Capital Investments LLC now owns 400,505 shares of the company's stock valued at $23,041,000 after acquiring an additional 29,410 shares in the last quarter.

Academy Sports and Outdoors Company Profile

Academy Sports and Outdoors, Inc, through its subsidiaries, operates as a sporting goods and outdoor recreational retailer in the United States. The company outdoor division comprises camping products, such as coolers and drinkware, and camping accessories and equipment,; fishing products, including marine equipment and fishing rods, reels, and baits and equipment; and hunting products, which includes firearms, ammunition, archery and archery equipment, camouflage apparel, waders, shooting accessories, gun safes, optics, airguns, and hunting equipment.